Cut fuel tax
Four weeks after the Government rejected calls for a reduction in fuel tax, Jamaica Public Service (JPS) President and Chief Executive Officer Michel Gantois lobbed the issue back to the State, arguing that a suspension of the tariff would be of great benefit to Jamaicans. Gantois made the forehand volley in a no-holds-barred presentation to […]
Staggered board arrangements implemented at BOJ to prevent political interference
THE freshly released annual report of the Bank of Jamaica (BOJ) chronicles the administrative changes which have been implemented one year after the Bank of Jamaica (Amendment) Act, 2020 took effect. The amended Act allows the central bank to operate independently of the Ministry of Finance while it seeks to monitor price and financial system […]
Small lenders still unhappy with BOJ licensing regime
As the July deadline for microlenders to be licensed under a new supervisory regime by the Bank of Jamaica (BOJ) looms, the group representing microcredit institutions (MCIs) across the island is looking forward to a sit-down with the Ministry of Finance and the BOJ to discuss what it is describing as “real concerns” that continue […]
https://jamaica-gleaner.com/article/news/20220407/corporate-hands-advantage-general-donates-egg-layers-maxfield-park-childrens
Jamie Dimon laid out a laundry list of big risks looming for the global and United States economy in his letter to JPMorgan Chase shareholders on Monday. Dimon’s annual letter has become something of a tradition for JPMorgan investors as well as the public. Never too shy to share his thoughts on anything, the CEO […]
Corporate Hands | Advantage General donates egg layers to Maxfield Park Children’s Home
Odia Reid (right), vice-president, claims, general counsel & corporate secretary, Advantage General Insurance Company, holds one of the donated laying hens while posing alongside Jonathan Wemyss-Gorman (middle) and Angela Lewis-Coley (left), residential service officer, Maxfield Park Children’s Home. https://jamaica-gleaner.com/article/news/20220407/corporate-hands-advantage-general-donates-egg-layers-maxfield-park-childrens
Sagicor completes AFSL acquisition
SAGICOR Group Jamaica (SGJ) on Friday last disclosed that it has completed 100 per cent share acquisition of Alliance Financial Services Limited (AFSL), after having met the Bank of Jamaica’s (BOJ’s) regulatory requirements. A release from the BOJ confirmed the Sagicor’s takeover of AFSL, noting that, “Under the new ownership structure, AFSL has satisfied the […]
Costly silence
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LNG still to power $14b JPS Hunts Bay plant amid energy crisis and cooling concerns
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Tourism takes flight
Gordon “Butch” Stewart did not live to see his dream realised, but the first major world airline will touch down in seven months’ time at Ian Fleming International Airport in St Mary, named after the famous author of the fictional James Bond spy thrillers popular with moviegoers. American Airlines (AA) set the local tourism industry […]
Tourism ministry tries to train its way out of labour shortage
MONTEGO BAY, St James — Faced with a shortage of trained workers and a boom expected in the local hospitality industry over the next three years, the tourism ministry is offering free certification courses as it pulls out all the stops to find a way out of the problem. The courses, being offered by the […]